Toscafund Asset Management Llp Exits Position in EPR Properties (EPR)

EPR Properties (EPR) : Toscafund Asset Management Llp has sold out all of its stake in EPR Properties during the most recent quarter, according to the disclosure filed by the company on Nov 14, 2016 with the SEC. The investment management company has sold out 15,000 shares of EPR Properties which is valued at $1,028,700.

Other Hedge Funds, Including , Mariner Wealth Advisors reduced its stake in EPR by selling 62,877 shares or 27.22% in the most recent quarter. The Hedge Fund company now holds 168,110 shares of EPR which is valued at $11,528,984. EPR Properties makes up approx 0.57% of Mariner Wealth Advisors’s portfolio. Marshall Wace Llp sold out all of its stake in EPR during the most recent quarter. The investment firm sold 9,600 shares of EPR which is valued $639,648. Opus Capital Group sold out all of its stake in EPR during the most recent quarter. The investment firm sold 82,585 shares of EPR which is valued $5,805,726.Ifp Advisors Inc boosted its stake in EPR in the latest quarter, The investment management firm added 244 additional shares and now holds a total of 2,983 shares of EPR Properties which is valued at $206,871. EPR Properties makes up approx 0.01% of Ifp Advisors Inc’s portfolio.Next Financial Group Inc boosted its stake in EPR in the latest quarter, The investment management firm added 362 additional shares and now holds a total of 462 shares of EPR Properties which is valued at $31,952. EPR Properties makes up approx 0.01% of Next Financial Group Inc’s portfolio.

EPR Properties opened for trading at $67.9 and hit $68.3 on the upside on Monday, eventually ending the session at $68.06, with a gain of 0.62% or 0.42 points. The heightened volatility saw the trading volume jump to 3,32,406 shares. Company has a market cap of $4,331 M.

On the company’s financial health, EPR Properties reported $1.22 EPS for the quarter, based on the information available during the earnings call on Nov 2, 2016. Analyst had a consensus estimate of $1.22. The company had revenue of $125.60 million for the quarter, compared to analysts expectations of $120.35 million. The company’s revenue was up 16.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.15 EPS.

Investors should note that on Nov 17, 2016, EPR Properties announced a cash dividend of $0.3200. The company’s management has announced Nov 28, 2016 as the ex-dividend date and fixed the record date on Nov 30, 2016. The payable date has been fixed on Dec 15, 2016.

Many Wall Street Analysts have commented on EPR Properties. FBR & Co. Initiated EPR Properties on Oct 12, 2016 to “Mkt Perform”, Price Target of the shares are set at $80.

EPR Properties (EPR) is a self-administered real estate investment trust (REIT). The Companys investment portfolio includes entertainment education and recreation properties. The Companys properties are located in 37 states the District of Columbia and in the Canadian province of Ontario. The Company operates in four segments: Entertainment which includes megaplex theatres entertainment retail centers (centers anchored by an entertainment component such as a megaplex theatre or live performance venue and containing other entertainment-related or retail properties) family entertainment centers and other retail parcels; Education which consists of investments in public charter schools early education centers and K-12 private schools; Recreation which includes metro ski parks water-parks and golf entertainment complexes and Other properties which consists of Adelaar casino and resort project in Sullivan County New York.